FPL Energy Services Offers Power Surge Protection
July 20, 2001

FPL Energy Services, an affiliate of Florida Power & Light Company, today announced the availability of Power Surge Protection for FPL customers. Power Surge Protection is an insurance service offered to provide an easy way to repair or replace home electronics and general appliances damaged due to power surges or lightning strikes.

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According to the National Weather Service, the Southeastern United States, and especially Florida, has the highest frequency of lightning anywhere in the country. "This means residents of Florida are at increased risk of having their home appliances damaged by lightning strikes," said Dennis Brandt, vice president of FPL Energy Services.

Power Surge Protection covers the homeowner for damage that might take place as a result of a powerful electric surge that may not be countered by standard surge protection devices such as plug-in equipment. Power Surge Protection will reimburse the insured for the cost of repair or replacement for covered losses, up to the maximum of the policy, regardless of other coverage, such as a homeowner's insurance policy.

"Power surges caused by lightning can damage televisions, computers and other expensive home equipment," said Brandt. "Surges can enter through cable, telephone lines and, although less likely, through electric lines, too," he said.

Power Surge Protection coverage amounts are available from $1,000 up to $10,000. Costs for coverage start at $2.50 per month up to $25 per month for the maximum coverage. For added convenience, the premium is added to the electric bill.

Assurant Company, a division of American Bankers Insurance Company of Florida, makes this service available to FPL customers for FPL Energy Services. "Power Surge Protection is different from other insurance coverage. For example, standard homeowner policies may not cover damage due to power surges and lightning strikes, or may include a high deductible," said Ken Furlow, vice president of utility channels for Assurant Group. "Power Surge Protection, covers the total replacement, up to the policy's maximum, of damaged equipment at market value with no deductible," he said.

FPL customers may enroll in Power Surge Protection by calling 1-877-459-5590 toll free.

FPL Energy Services is an affiliate of Florida Power & Light Company. FPL is the principal subsidiary of FPL Group, Inc. , one of the nation's largest providers of electricity-related services with annual revenues of more than $7 billion. The company serves 3.9 million customer accounts in Florida. FPL Energy, LLC, FPL Group's energy-generating subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.fpl.com.

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SOURCE: FPL Energy Services

Contact: Florida Power & Light Company Corporate Communications, Media
Line, +1-305-552-3888